STATE GOVERNMENT FINANCES
(Amounts are in thousands.  Per capita in dollars.)

                                                      Percent           Per
DELAWARE                                     1994 Distribution       capita


Population (thousands)                        706           -             -
Total Revenue                           3,236,782       100.0%     4,584.68
  General revenue                       2,823,768        87.2%     3,999.67
    Intergovernmental revenue             495,521        15.3%       701.87
    Taxes                               1,444,083        44.6%     2,045.44
      General sales                             0         0.0%         0.00
      Selective sales                     211,112         6.5%       299.03
      License taxes                       469,337        14.5%       664.78
      Individual income                   546,856        16.9%       774.58
      Corporation net income              155,070         4.8%       219.65
      Other taxes                          61,708         1.9%        87.41
    Current charges                       423,424        13.1%       599.75
    Miscellaneous general revenue         460,740        14.2%       652.61
  Utility revenue                           4,847         0.1%         6.87
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue                 408,167        12.6%       578.14

Total Expenditure                       2,617,153       100.0%     3,707.02
  Intergovernmental expenditure           419,704        16.0%       594.48
  Direct expenditure                    2,197,449        84.0%     3,112.53
    Current operation                   1,440,255        55.0%     2,040.02
    Capital outlay                        255,160         9.7%       361.42
    Insurance benefits and repayments     209,257         8.0%       296.40
    Assistance and subsidies               69,355         2.7%        98.24
    Interest on debt                      223,422         8.5%       316.46
Exhibit:  Salaries and wages              627,553        24.0%       888.89

Total expenditure                       2,617,153       100.0%     3,707.02
  General expenditure                   2,388,519        91.3%     3,383.17
        Intergovernmental expenditure     419,704        16.0%       594.48
        Direct expenditure              1,968,815        75.2%     2,788.69
  General expenditure, by function:
      Education                           828,267        31.6%     1,173.18
      Public welfare                      352,399        13.5%       499.15
      Hospitals                            47,186         1.8%        66.84
      Health                              131,628         5.0%       186.44
      Highways                            249,979         9.6%       354.08
      Police protection                    37,631         1.4%        53.30
      Correction                           84,344         3.2%       119.47
      Natural resources                    32,408         1.2%        45.90
      Parks and recreation                 28,170         1.1%        39.90
      Governmental administration         147,630         5.6%       209.11
      Interest on general debt            223,422         8.5%       316.46
      Other and unallocable               225,464         8.6%       319.35
  Utility expenditure                      19,377         0.7%        27.45
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure             209,257         8.0%       296.40

Debt at end of fiscal year              3,397,475       100.0%     4,812.29

Cash and Security Holdings              6,023,120       100.0%     8,531.33